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Effective Tax Rate, Fourth Fifth

Average federal tax rate paid by the fourth income fifth.

Effective Tax Rate, Fourth Fifth
17.6%
Percent · latest, Jan 2022
vs prior month▲ 3.8 pp
vs year ago▲ 3.8 pp
1980 Recession · Jan 1980 – Jul 19801981-82 Recession · Jul 1981 – Nov 19821990-91 Recession · Jul 1990 – Mar 19912001 Recession · Mar 2001 – Nov 2001Global Financial Crisis · Dec 2007 – Jun 2009COVID-19 Recession · Feb 2020 – Apr 202014%16%18%20%22%1980199020002010202017.6%
Effective Tax Rate, Fourth Fifth — one value per year; US recessions are shaded on the chart.
YearEffective Tax Rate, Fourth Fifth
197921.7%
198021.8%
198122.3%
198220.6%
198320.1%
198420.3%
198520.4%
198620.6%
198720.4%
198820.8%
198920.8%
199020.8%
199120.6%
199220.3%
199320.4%
199420.7%
199520.8%
199620.8%
199720.9%
199820.8%
199920.9%
200021.0%
200119.3%
200218.6%
200317.9%
200418.0%
200518.3%
200618.3%
200718.1%
200816.1%
200915.5%
201015.9%
201115.7%
201215.9%
201317.4%
201417.8%
201517.9%
201617.9%
201717.8%
201816.7%
201916.8%
202013.3%
202113.8%
202217.6%

Hover the line to read any month. Drag across the chart to zoom; double-click to reset.

Source: cbo · cbo-dhi-table9 · series · Jan 1979 to Jan 2022 · latest-revised

Refreshed Jun 25, 2026 from cbo. May be delayed: our daily refresh has not run in the last few days.

Average federal tax rate paid by the fourth income fifth.

Average federal tax rate paid by the fourth income quintile, CBO.

Source: cbo · Jan 2022 · Full lesson → Learn

About the bands. Shaded spans are NBER-dated US recessions, drawn as factual overlays. They mark when the economy contracted, not why. Lining an event up with a move is not evidence it caused the move.